Hi @Lynnette E. -- I typically have the property under contract, and thus approach the conversation from a position where there is a strong possibility of a working relationship.  

So I simply forwarded a few copies of E mails I got from NON licensed wholesalers.. these are marketing pieces exactly how U would send them out to other agents.. picture of house description sq foot.. price to buy it and contact info. 

If there is hardly no information on him through the net then in the e-mail tell him what does he need and want besides selling this property.

Thanks,RayNothing will change on how you were reporting.SMLLC is disregarded for tax purposes, so you will still report everything in your personal schedule E.

@Derrick E.

I have a list of books, podcasts, e-learning courses etc to keep me busy but I just wanna buy something!

I am by no means a seasoned investor so there were instances for which I got stressed and tone of my e-mails changed as well, but they responded kindly and we talked about how to resolve whatever the issue is.

@Jill F.My wife is not being "paid" nor will I be claiming "management fees" on the Schedule E at year end.

Eing a military member from afar but family in Evans, GA, I know there are times the day job can be long.

Originally posted by @Charles E Bernard Jr:I am 68 years old.